International Applicants

All applicants to the Ivey MBA program will be considered for merit-based awards and scholarships, most of which are available to international students. Applicants must complete the Financial Aid and/or Scholarships section within the online MBA admission application to be considered.

International candidates of exceptional quality are automatically reviewed for admission awards ranging from $10,000 to $65,000. Candidates will be assessed on academic merit and leadership qualities demonstrated through education, activities, and work experience. Candidates who are selected to receive a scholarship or award will be notified at the time of the admissions offer.

The Ivey Global Leader Award recognizes high-performing candidates who have demonstrated leadership potential in their previous experience and who will bring valuable international perspectives to the classroom environment. We have ten Ivey Global Leader Awards available at a value of $50,000 CDN each. You must have been born outside of Canada and be residing in Africa, Asia, Europe, South America, or the Caribbean at the time of application. You must also meet our academic admissions standards (GPA and GMAT) as well as demonstrating strong performance in the admissions interview process. Recipients will be determined by the admissions committee.

Must be invited to apply.

The MBA Admissions Committee selects a limited number of qualified incoming international students to apply for a LIBRO Credit Union loan. Selected students will be notified at the time they receive an offer of admission to Ivey’s MBA Program. The Admissions Committee will select students based on academic merit, demonstrated leadership potential, and financial need.

Ivey has partnered with LIBRO Credit Union to offer a non–co-signed loan opportunity for a limited number of qualified incoming international MBA students. This loan program does not require a Canadian co-signer. Specific information will be made available to eligible candidates.

If you convert to Permanent Resident status this loan would no longer be available as it is only for students with a study permit (student visa).

There are many additional sources that international candidates should explore for external financing options. Helpful resources include:

• Government of Canada – International Student Scholarships
• Indian Association for Canadian Studies
• Scholarships 4 Students From Developing Countries
• List of Canadian Embassies*

*Canadian embassies sometimes administer scholarships to students such as the Commonwealth Scholarship, or others that result out of agreement between Canada and another country.

Prodigy Finance is an additional option to assist our international students in financing their MBA. If you have explored all other options and still have a gap in financing your MBA, you can explore this option on Prodigy Finance's website.

The application should take between 30–60 minutes to complete and Prodigy Finance will determine your eligibility in approximately 48 hours. The application is open 9 months prior to the Program start. There is a $100 USD application fee to apply. It is important to understand that this application and loan process is managed solely by Prodigy Finance and the School does not play a role in the terms or eligibility decisions. In terms of the eligibility rule, this is based on the time of Prodigy Finance application, applicants need to have not lived in Canada (campus country) for more than 90 days when they apply for the loan. Please be sure to apply to Prodigy before you come to Canada if you are coming before the Program.

Have questions? Prodigy offers biweekly webinars. Register here.

NOTE: Please plan for Prodigy Finance loans to ONLY cover tuition and fees. Please seek living expenses from another resource as Western University (main campus) cannot reimburse you any overpayment for living expenses.

Please note the application is not open until the beginning of June each year for the following March intake.

MPOWER Financing was created as a Public Benefit Corporation to help promising students from around the world who need assistance in funding their degree when traditional financing is unavailable. Learn more and apply online at the MPOWER website.

• No cosigner or collateral required
• No credit history needed
• 200+ nationalities accepted
• Loans are up to $125,000 CDN including for tuition and living expenses
• Interest-only payments during 6-month post-graduation period
• Fixed Interest Rates

MPOWER Financing also offers scholarship opportunities for international students. Find more details here. Ivey does not play a role in terms or eligibility decisions.

NOTE: Please plan for MPOWER Finance loans to ONLY cover tuition and fees. Please seek living expenses from another resource as Western University (main campus) cannot reimburse you any overpayment for living expenses.

HDFC Credila offers a completely customized product for borrowers who opt to pursue their university/college education in Canada.

Funding for: cost of attendance + cost of living + any other education related expenses
Dedicated Relationship Managers with door step service

Flexible repayment options with 180 months (15 years) loan tenure

For more information please visit the HDFC Credila website.
or please contact Mr. Tushar Adole: tushara@hdfccredila.com

The School (Ivey) does not play a role in the terms or eligibility decisions.

GradRight is a platform where lenders bid for student loans. Loans are offered to Indian nationals on GradRight by banks, NBFCs and international lenders. The basic service is free, while optional loan selection advisory service fees are capped at CAD 270 by GradRight. Ivey Business School does not charge any fee from students or GradRight for this service.

The School (Ivey) does not play a role in the terms or eligibility decisions.

WeMakeScholars is a single platform to check your eligibility for loans and submit to multiple lenders. In addition, this is a platform to assist with sourcing scholarships. Please visit the WeMakeScholars website.

*The School (Ivey) does not play a role in the terms or eligibility decisions.